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March 19, 2013
Vale informed the Argentinean government that it is suspending work on a potash project at Rio Colorado, Argentina, according to brief statement issued on 11 March. Vale says that the...
March 19, 2013
Monsanto has terminated a decade-long exclusive distribution agreement with Nufarm Agrochemical (Melbourne) for Roundup-brand glyphosate in Australia and New Zealand and appointed...
March 19, 2013
Cost-cutting helped biobased isobutanol producer Gevo (Englewood, CO) narrow its fourth-quarter loss and beat analysts’ estimates despite a production setback at its first...
March 8, 2013
BASF says that Fred Münstermann, current president of regional functions and CFO of the North American operations of BASF, will succeed Hartwig Michels as president of BASF’s global procurement competence center at Ludwigshafen, effective 1 August....
March 8, 2013
Industry groups say they support President Obama's nomination of Gina McCarthy, current EPA assistant administrator for air and radiation, as next head of EPA....
March 8, 2013
South Louisiana Methanol (SLM), a partnership of Zero Emission Energy Plants (ZEEP; Austin, TX) and Todd Corp. (Wellington, New Zealand), plans to construct a $1.3-billion methanol...
March 8, 2013
nova Chemicals reports year-on-year (YOY) declines for annual and fourth-quarter 2012 profits—results that the company attributes to lower margins in its olefins and polyolefins...
March 8, 2013
Sealed Air (Elmwood Park, NJ) named Jerome Peribere president and CEO of the company, effective 1 March. Peribere joined Sealed Air in September 2012 as president and COO. Peribere had previously been with Dow Chemical, serving as CEO of Dow Advanced Materials, before joining Sealed Air last September. William Hickey will continue as chairman until the company’s annual meeting in May....
March 8, 2013
Several US industry organizations, including ACC and the National Association of Chemical Distributors (NACD), have announced their support for the introduction of the General Duty...
March 8, 2013
To protect their newly advantaged cost position, some US chemical producers are inviting government intervention into the natural gas market, but they are making a mistake, according to Stephen Pryor, president of ExxonMobil Chemical....
March 8, 2013
Symrise (Holzminden, Germany) says it has acquired the global fragrance business of Belmay Group (New York), an international developer and manufacturer of fragrances and perfume oils...
March 1, 2013
Ascend Performance Materials (Houston) is proceeding with plans to build a $1.2-billion propane dehydrogenation (PDH) facility at its Chocolate Bayou complex at Alvin, TX. The PDH unit...
March 1, 2013
Hanwha Chemical (Seoul) plans to build an ethylene plant in the United States in collaboration with a local shale gas company, according to Korean press reports, citing an unnamed...
March 1, 2013
Fertilizer makers say earnings, and demand, are set to recover in early 2013, and an early spring application season indicates signs of an uptick—particularly for nitrogen and...
March 1, 2013
A federal jury has ordered Dow Chemical to pay $400 million to plaintiffs in a urethane chemicals price-fixing class-action lawsuit. Under federal antitrust law, the damages could be...
March 1, 2013
Dow Chemical has launched a $1.5-billion share buyback program. The buybacks will occur either in the open market or in privately negotiated transactions, Dow says. ”This...
March 1, 2013
Oversupply and tepid demand for titanium dioxide (TiO2) has sent prices and profits lower, but analysts expect prices to stabilize in early 2013 as demand improves from the spring...
March 1, 2013
specialty chemical earnings reports for the fourth quarter were mixed. Ecolab matched estimates on strong sales from the former Nalco. Rockwood’s earnings declined, mostly on...
March 1, 2013
Westlake Chemical and Kraton Performance Polymers posted divergent results for the fiscal quarter ended 31 December 2012. Westlake’s fourth-quarter earnings more than tripled...
March 1, 2013
Solvay has confirmed CW reports that it plans to exit its Latin American polyvinyl chloride (PVC) business Indupa. The company reported Indupa as “assets held for sale” in...
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